Forhad specialises in real estate property finance, in particular advising funders and borrowers on the property aspects of charging large portfolios of residential properties for bank lending, bond issues, private placement, restructure, refinancing and securitisation purposes. Forhad has assisted on a number of refinancings, mergers and some of the largest bond issues seen in the sector to date.Forhad has extensive experience of advising borrowers in relation to all due diligence and preparation of certificates of title and has a pragmatic approach in satisfying conditions precedent required under the security documentation.
Career highlights include advising Peabody on the establishment of its £1bn Medium Term Note Programme, acting for GreenSquareAccord on its £400m sustainability bond, advising Newlon on its £160m private placement, advising on the first affordable housing MMC charging exercise in the sector, and leading the property charging aspects on the merger of two G15 housing associations. The latter involved project managing and preparing due diligence for over 30,000 properties, negotiating over 30 reliance and duty of care letters and preparing certificates of title, all within tight timescales. The property elements were finalised and delivered ahead of the finance elements and won praise from the client and financial advisors for their speed and efficiency